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Articles by Mitsui O.S.K. Lines
Akastor ASA: Completion of transfer of ownership interests in AKOFS Offshore
Reference is made to the press release dated 14 January 2025 regarding the agreement in which Akastor ASA (OSE: AKAST) transfers 8.3% of the shares in AKOFS Offshore AS ("AKOFS Offshore") to Mitsui O.S.K. Lines, Ltd. ("MOL"). The transfer has now been completed in accordance with the agreed terms, whereby Akastor and MOL now control 2/3 and 1/3 of the shares in AKOFS Offshore, respectively.
| The Global Maritime Business News Portal
MOL Partners with Climate Tech Firm, 123Carbon to Complete Insetting Pilot Supporting customers\' Scope 3 reduction targets TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that it has completed an insetting pilot with 123Carbon B.V. (note 1) by tokenizing the GHG emission reductions from the Net Zero Voyage (note 2) which was conducted jointly with Methanex Corporation in February 2023.
MOL and JX Sign MoU for Development of Cross Border CCS Value Chain
MOL and JX Sign MoU for Development of Cross Border CCS Value Chain TOKYO-Mitsui O.S.K. Lines, Ltd.
| The Global Maritime Business News Portal
LNG-fueled Panamax coal carrier 'Reimei' has started operation Mitsui O.S.K. Lines, Ltd. and Kyushu Electric Power Co., Inc. are constructing a Panamax-type coal carrier that uses LNG as its main fuel and has a low environmental impact. The ship was completed today and began operation. On the same day, a naming ceremony was held at the Imari office of Namura Shipbuilding Co., Ltd. (Osaka City, Osaka Prefecture, President and CEO: Kensuke Namura), and the vessel was named Reimei*1.
Mitsui O.S.K. Lines and Pyxis sign a MoU for research development construction and expansion of marketing channels in Japan for electric propulsion vessels
Mitsui O.S.K. Lines and Pyxis sign a MoU for research, development, construction, and expansion of marketing channels in Japan for electric propulsion vessels Mitsui O.S.K. Lines, Ltd.
| The Global Maritime Business News Portal
Japan's first domestic vessel to successfully operate using biofuel directly mixed with waste cooking oil Tetsuun Maru, a 499 gross ton domestic cargo ship operated by Mitsui O.S.K. Lines Naikou (Shipowner: Tetsuun Kisen Co., Ltd.), has successfully operated using biofuel made by directly mixing waste cooking oil with heavy oil. did.
| The Global Maritime Business News Portal
MOL to Invest in Dutch company TouchWind, which develops next-generation floating offshore wind turbines Mitsui O.S.K. Lines, Ltd. has announced that the company invests in a floating wind technology start-up. The tilting angled one-piece rotor wind turbine which is being developed by TouchWind is expected to reduce wind interference between wind turbines (*2) that tends to occur in large wind farms and improve overall wind farm power generation efficiency.
| The Global Maritime Business News Portal
Japan's first Hydrogen and Bio Fuel Hybrid Passenger Ship Named 'HANARIA' TOKYO - Mitsui O.S.K. Lines, Ltd. announced that the naming and launching ceremony for the Japan’s first hybrid passenger ship, which utilizes hydrogen and biodiesel fuels, was held on September 13, and the ship was named "HANARIA". The vessel was ordered by MOL Group company MOTENA-Sea, Ltd. and is under construction at the Hongawara Ship Yard Co., Ltd.
| The Global Maritime Business News Portal
Mitsui O.S.K. Lines and Shell sign memorandum of understanding to promote decarbonization of the shipping sector Mitsui O.S.K. Lines, Ltd. and Shell Marine Products Singapore are working to improve the environmental awareness surrounding the shipping industry. In order to quickly respond to the rising GHG emissions, both companies have agreed to work together to reduce GHG emissions from ships and have signed a memorandum of understanding.
JAMSTEC Picks MOL Group Companies for Key Roles in Arctic Research Vessel Development and Operation
JAMSTEC Picks MOL Group Companies for Key Roles in Arctic Research Vessel Development and Operation TOKYO-Mitsui O.S.K. Lines, Ltd. has announced that MOL Ship Management Co., Ltd. and MOL Marine & Engineering Co., Ltd., both wholly owned MOL subsidiaries, have been selected as a pre-commissioning crew dispatcher (Note 1) and expected operator for the Arctic research vessel (Note 2) ordered by the Japan Agency for Marine-Earth Science and Technology.
| The Global Maritime Business News Portal
FSRU Owned by MOL Group Received First LNG for Hong Kong FSRU Owned by MOL Group Received First LNG for Hong Kong, contributing to a Stable Supply of Clean Energy. TOKYO-Mitsui O.S.K. Lines, Ltd. has announced that the MOL FSRU Challenger, the world's largest floating storage and regasification unit (FSRU)(Note 1), owned by its wholly owned subsidiary MOL FSRU Terminal (Hong Kong) Limited, has received the first LNG for Hong Kong in a commissioning process for an LNG import project (the project).
Japan: "Hydrogen-Producing Ship'' Under Development By Mitsui O.S.K. Lines
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France’S Gets Its First LNG Bunker Vessel, Gas
Maritime Activity Reports, Inc. MarineLink October 26, 2021 Image courtesy TotalEnergies, Mitsui O.S.K. Lines The first LNG bunker vessel to be based in France has been named Gas Vitality at a ceremony held today at Hudong-Zhonghua Shipbuilding, China. The 18,600-m³ newbuild bunker vessel is TotalEnergies Marine Fuels’ second collaboration with Mitsui O.S.K. Lines, Ltd (MOL) and shipbuilder, Hudong-Zhonghua Shipbuilding following the signing of a long-term charter contract in November 2019.
The Mauritius Commercial Bank Ltd (MCB) provides USD 60m funding to fuel Senegal's national electrification and LNG-use ambitions
DJ The Mauritius Commercial Bank Ltd (MCB) provides USD 60m funding to fuel Senegal's national electrification and LNG-use ambitions The Mauritius Commercial Bank Ltd (MCB) The Mauritius Commercial Bank Ltd (MCB) provides USD 60m funding to fuel Senegal's national electrification and LNG-use ambitions 23-Apr-2021 / 11:40 CET/CEST =---------------------------------------------------------------------------------------------------------------------- The Mauritius Commercial Bank Ltd (MCB)...
MOL, Proman Shipping Name Methanol Carrier CASTARA
Switzerland's Proman Shipping and Mitsui O.S.K. Lines(MOL) announced that a naming ceremony for a newbuilding Methanol Carrier for Proman Shipping was held at the Hyundai Mipo Drydock (HMD) in Korea. The vessel was named the CASTARA by Methanol Holdings (Trinidad) Limited. (MHTL) CEO Dennis Patrick. MHTL and Proman Shipping are subsidiaries of the Proman Group. The CASTARA will be the most eco-friendly and fuel-efficient vessel in Proman Shipping’s expanding fleet.
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